COHEN + COMPANY DL -,001

Cohen & Company Inc. (NYSE:COHN ) Q1 2025 Results Conference Call May 1, 2025 10:00 AM ET Company Participants Lester Brafman - Chief Executive Officer Joe Pooler - Chief Financial Officer Operator Good morning, ladies and gentlemen, and welcome to the Cohen & Company's First Quarter 2025 Earnings Call. My name is Rob, and I'll be your operator for today.» Mehr auf seekingalpha.com

PHILADELPHIA and NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN), a financial services firm specializing in an expanding range of capital markets and asset management services, today reported financial results for its first quarter ended March 31, 2025. Summary Operating Results     Three Months Ended ($ in thousands) 3/31/25   12/31/24   3/31/24             Net trading $ 9,211     $ 8,947     $ 9,848   Asset management   2,020       2,067       2,717   New issue and advisory   33,239       10,075       24,388   Principal transactions and other revenue   (15,730 )     (2,548 )     (18,389 ) Total revenues   28,740       18,541       18,564                           Compensation and benefits   21,666       12,935       14,839   Non-compensation operating expenses   6,967       11,109       7,100   Operating income (loss)   107       (5,503 )     (3,375 )                         Interest expense, net   (1,448 )     (1,474 )     (1,666 ) Income (loss) from equity method affiliates   2,418       (662 )     29,045   Income (loss) before income tax expense (benefit)   1,077       (7,639 )     24,004                           Income tax expense (benefit)   139       (764 )     498   Net income (loss)   938       (6,875 )     23,506   Less: Net income (loss) attributable to the non-convertible non-controlling interest   (173 )     66       16,270   Enterprise net income (loss)   1,111       (6,941 )     7,236   Less: Net income (loss) attributable to the convertible non-controlling interest   782       (4,988 )     5,213   Net income (loss) attributable to Cohen & Company Inc. $ 329     $ (1,953 )   $ 2,023   Fully diluted net income (loss) per share $ 0.19     $ (1.21 )   $ 1.28               Adjusted pre-tax income (loss) (1) $ 1,250     $ (7,705 )   $ 7,734   Fully diluted adjusted pre-tax income (loss) per share $ 0.22     $ (1.32 )   $ 1.37               (1)   Adjusted pre-tax income (loss) is not a measure recognized under U.S. generally accepted accounting principles (“GAAP”).» Mehr auf globenewswire.com

PHILADELPHIA and NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the first quarter 2025 on Thursday, May 1, 2025. The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that day to discuss these results.» Mehr auf globenewswire.com